Google street view image for 19405 Olive Tree Way, Gaithersburg, MD 20879

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Sold

$1,173,628

Est. refi paymentEst. refi $3,187/mo

—

•

4.5 ba

•

5,002

sq ft

19405 Olive Tree Way, Gaithersburg, MD 20879

About this home

Single-familyProperty Type

1994Year Built

2.07 acresLot Size

$235Est. Price/Sq.Ft.

2 spacesParking

Source:Public Records

Redfin Estimate

$1,173,628

$702K since sold in November 1998$5,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 21.1% higher than the average sale price ($969K) of 6 comparable homes.

SOLD SEP 25, 2026
$1,050,000
A
5 beds3.5 baths4,435 sq ft
20233 Sweet Meadow Ln, Gaithersburg, MD 20882
SOLD JUN 17, 2026
$1,050,000
B
5 beds4.5 baths4,177 sq ft
20116 Sweet Meadow Ln, Gaithersburg, MD 20882
SOLD SEP 24, 2026
$800,000
C
4 beds3.5 baths4,202 sq ft
19808 Falling Spring Ct, Gaithersburg, MD 20882
SOLD AUG 19, 2026
$1,000,000
D
5 beds3.5 baths4,458 sq ft
6621 Belle Chase Ct, Gaithersburg, MD 20882
BOUGHT WITH REDFIN JUL 17, 2026
$790,000
E
4 beds3.5 baths3,084 sq ft
7317 Olive Tree Ct, Gaithersburg, MD 20879
SOLD AUG 26, 2026
$1,125,000
F
5 beds4.5 baths5,294 sq ft
7101 Cliff Pine Dr, Gaithersburg, MD 20879

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Earn from this home

Sell

$1,104,177

Est. take-home

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Refinance

Est. cash available

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Rent

$4,845/mo

Redfin rental estimate

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Market trends in 20879, MD

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

100.1%

0.5% MoM

Median sale price

$468K

$7K MoM

Avg. days on market

34d

2 days MoM

Recently sold homes

10 MoM

New listings for sale

$479,900
3 beds2.5 baths2,056 sq ft
19919 Tygart Ln, Gaithersburg, MD 20879
(703) 866-2424
LISTED BY REDFIN
$225,000
2 beds2 baths1,021 sq ft
18328 Streamside Dr #304, Gaithersburg, MD 20879
3D WALKTHROUGH
$725,000
5 beds3.5 baths2,940 sq ft
18807 Lindenhouse Rd, Gaithersburg, MD 20879
(301) 921-4500
$425,000
3 beds2.5 baths1,060 sq ft
11 Mountain Laurel Ct, Gaithersburg, MD 20879
(240) 630-8689
LISTED BY REDFIN
$200,000
1 bed1 bath779 sq ft
18302 Streamside Dr #201, Gaithersburg, MD 20879
LISTED BY REDFIN
$435,000
3 beds2.5 baths1,792 sq ft
20 Turtle Dove Ct, Gaithersburg, MD 20879
$150,000
1 bed1 bath785 sq ft
7908 Pearlbush Dr #304, Gaithersburg, MD 20879
(703) 390-9460
OPEN SUN, 12PM TO 3PM
$475,000
3 beds2.5 baths1,956 sq ft
8107 Hallmark Pl E, Gaithersburg, MD 20879
(240) 630-8689
OPEN TODAY, 12PM TO 2PM
$487,500
3 beds3.5 baths1,984 sq ft
8106 Castlebury Ter, Gaithersburg, MD 20879
(301) 656-8600
FOR SALE BY OWNER
$430,000
3 beds2 baths1,630 sq ft
1002 Southern Night Ln, Gaithersburg, MD 20879
See all

Provided by Redfin

Sale history for 19405 Olive Tree Way

Year

Property tax

Land + Additions

Assessment*

2025

$12,532 (+13.5%)

$265,200 + $885,300

$1,150,500

2024

$11,040 (+7.1%)

2023

$10,306 (+23.9%)

2022

$8,315 (+3.3%)

$265,200 + $521,900

$787,100

2021

$8,046 (+3.0%)

2020

$7,812 (+0.3%)

2019

$7,792

$265,200 + $465,900

$731,100

2018

$7,798 (−2.0%)

$265,200 + $465,900

$731,100

2017

$7,956 (+5.3%)

$397,200 + $334,800

$732,000

2015

$7,556 (−0.5%)

$318,000 + $340,000

$658,000

2014

$7,598 (+1.5%)

2013

$7,483 (−9.5%)

2012

$8,266 (+4.6%)

2011

$7,906

2010

$7,906 (+31.7%)

2009

$6,003

Tax history for 19405 Olive Tree Way

Year

Property tax

Land + Additions

Assessment*

2025

$12,532 (+13.5%)

$265,200 + $885,300

$1,150,500

2024

$11,040 (+7.1%)

2023

$10,306 (+23.9%)

2022

$8,315 (+3.3%)

$265,200 + $521,900

$787,100

2021

$8,046 (+3.0%)

2020

$7,812 (+0.3%)

2019

$7,792

$265,200 + $465,900

$731,100

2018

$7,798 (−2.0%)

$265,200 + $465,900

$731,100

2017

$7,956 (+5.3%)

$397,200 + $334,800

$732,000

2015

$7,556 (−0.5%)

$318,000 + $340,000

$658,000

2014

$7,598 (+1.5%)

2013

$7,483 (−9.5%)

2012

$8,266 (+4.6%)

2011

$7,906

2010

$7,906 (+31.7%)

2009

$6,003

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

—

Baths

4.5

Stories

Lot width

—

Lot depth

—

Lot size

2.07 Acres

Year renovated

—

Sq. Ft.

5,002

Year built

1994

Style

Single Family Residential

County

Montgomery County

APN

01 02957600

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 18, 2026.

RE-1

URC

Residential Estate - 1 Zone

The intent of the RE-1 zone is to provide designated areas of the County for large-lot residential uses. The predominant use is residential in a detached house. Optional method MPDU Development is applicable only for development that is served by public sewer service and where designated for sewer service in the applicable master plan.

Zone overlays

Upper Rock Creek Overlay Zone

Permitted uses

Include but are not limited to:

Agriculture-Other
Assembly/ meeting place
Housing-Single unit
Housing-Senior
Infrastructure-Other
Public service
Kennel
Transportation-Other
Park & open space

Property details

Around this home

Schools

Judith A. Resnik Elementary School

Public PreK-5 • Assigned • 0.7mi

7/10

Redland Middle School

Public 6-8 • Assigned • 2.4mi

7/10

Col. Zadok Magruder High School

Public 9-12 • Assigned • 3.2mi

5/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

6/10 Heat Factor

7 days above 102° expected this year, 15 days in 30 years

4/10 Wind Factor

16% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 3 days in 30 years

Provided by First Street

Historical weather

Gaithersburg, MD • 20879

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.2 hours in June and 4.2 hours in December, placing it below the U.S. average for solar exposure.

9.2 hrs

4.2 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$1.12M – $1.35M

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OPEN TODAY, 12PM TO 2PM

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Home values near 19405 Olive Tree Way

Data from public records.

Address	Redfin Estimate
19403 Olive Tree Way, Gaithersburg, MD 5 Beds \| 4.5 Baths \| 6100 Sq. Ft.	$1,079,433
7309 Olive Tree Ct, Gaithersburg, MD - Beds \| 3.5 Baths \| 3904 Sq. Ft.	$1,066,188

Address	Redfin Estimate
7301 Olive Tree Ct, Gaithersburg, MD 5 Beds \| 6.5 Baths \| 5294 Sq. Ft.	$1,231,322
7313 Olive Tree Ct, Gaithersburg, MD 5 Beds \| 4.5 Baths \| 4890 Sq. Ft.	$1,092,558

Address	Redfin Estimate
7305 Olive Tree Ct, Gaithersburg, MD - Beds \| 4.5 Baths \| 4264 Sq. Ft.	$1,056,598
7321 Olive Tree Ct, Gaithersburg, MD 6 Beds \| 5.5 Baths \| 4510 Sq. Ft.	$1,079,083

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